The recent security breach at India-based centralized exchange WazirX has sent shockwaves throughout the cryptocurrency community. The exchange lost nearly half of its assets, amounting to over $230 million in user funds. The co-founder, Nischal Shetty, has been actively seeking partnerships to restore full operations and recover the stolen funds. This incident serves as a
With the recent approval of several spot Ethereum ETFs and their upcoming trading debut, the cryptocurrency market is abuzz with anticipation. Investors and traders are closely watching how Ether’s price will react to the influx of funds from these newly launched ETFs. Kaiko, a prominent data provider in the crypto space, suggests that the market
The Financial Technology Protection Act is a crucial piece of legislation that recently passed through the United States House of Representatives. The bill, introduced by Representative Zach Nunn, has garnered unanimous support from lawmakers and aims to address the growing concern of digital platforms being used for illicit activities and terrorism financing. One of the
The Coinbase premium has recently turned positive, sparking speculation about a potential resurgence of institutional interest in Bitcoin. This shift comes after a period of concern following a dip in mid-May, raising questions about the future trajectory of the cryptocurrency market. The Coinbase premium is a key indicator of institutional sentiment in the cryptocurrency market.
The recent positive inflows into the largest spot Bitcoin ETFs in the US have been overshadowed by a sharp retracement in the price of the underlying asset. Despite reaching close to $67,000 again, Bitcoin faced significant volatility over the past week. After failing to maintain above $65,000, the primary cryptocurrency slipped to $63,000 before bouncing
On July 23, Hong Kong made history by launching Asia’s first Bitcoin futures inverse product, the CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376.HK). This innovative exchange-traded fund (ETF) introduced by China Southern Asset Management Co., Ltd (CSOP) offers investors the opportunity to profit from declines in Bitcoin’s price. With an initial price of approximately
MetalCore Arena is not just your ordinary free-to-play game; it is a groundbreaking blockchain game that takes gaming to a whole new level. By allowing players to compete using modifiable teams of mechanized units and infantry squads, MetalCore Arena introduces a level of strategic depth that is unparalleled in the gaming industry. The addition of
Recently, CoinShares released a report highlighting the increasing inflows into Ethereum (ETH) compared to other cryptocurrencies like Solana (SOL). This surge in interest coincides with the upcoming launch of exchange-traded funds (ETFs) that will open up regulated investment opportunities for Ethereum in the US market. The report reveals several key insights into the current state
Crypto analyst RLinda recently made a bullish argument for Bitcoin, suggesting that the cryptocurrency could potentially reach a new all-time high of $90,000. She pointed out that there are both fundamental and technical factors supporting this optimistic outlook. On the fundamental side, RLinda highlighted the anticipation surrounding the launch of Spot Ethereum ETFs, which is
Gangster Arena has recently introduced Crew Wars, a new and exciting feature that brings players together in a collaborative environment. This battleground focuses on team play, encouraging players to work together strategically to complete missions and climb the ranks. By joining or creating crews, players can pool their resources and efforts to compete for valuable
